CoreCap Advisors LLC Decreases Stock Holdings in Unum Group $UNM

CoreCap Advisors LLC decreased its holdings in Unum Group (NYSE:UNM) by 99.2% in the second quarter, Holdings Channel reports. The fund owned 553 shares of the financial services provider’s stock after selling 67,305 shares during the quarter. CoreCap Advisors LLC’s holdings in Unum Group were worth $49,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc lifted its stake in Unum Group by 37.8% in the second quarter. Versant Capital Management Inc now owns 2,986 shares of the financial services provider’s stock worth $267,000 after purchasing an additional 819 shares during the last quarter. Parallel Advisors LLC lifted its stake in Unum Group by 70.0% in the first quarter. Parallel Advisors LLC now owns 5,079 shares of the financial services provider’s stock worth $371,000 after acquiring an additional 2,092 shares during the period. Western Wealth Management LLC bought a new position in Unum Group during the 1st quarter worth about $73,000. Bank of America Corp DE grew its holdings in Unum Group by 18.5% during the 1st quarter. Bank of America Corp DE now owns 580,230 shares of the financial services provider’s stock worth $42,374,000 after acquiring an additional 90,650 shares in the last quarter. Finally, Kentucky Retirement Systems purchased a new position in Unum Group during the 1st quarter valued at about $1,575,000. 86.57% of the stock is currently owned by institutional investors.

Key Stories Impacting Unum Group

Here are the key news stories impacting Unum Group this week:

• Positive Sentiment: Zacks raised its Q4 2027 EPS estimate to $2.42 from $2.36 and its Q3 2027 forecast to $2.46 from $2.39, indicating improved expectations for those periods.
• Neutral Sentiment: Zacks’ updated estimates still imply earnings growth for Unum Group, with projected EPS of $8.64 in FY2026, $9.41 in FY2027, and $10.32 in FY2028. However, the FY2026 estimate is slightly below the current consensus of $8.66.
• Negative Sentiment: Zacks reduced several forecasts, including Q3 2026 EPS to $2.18 from $2.21, Q4 2026 EPS to $2.16 from $2.21, FY2026 EPS to $8.64 from $8.67, Q1 2027 EPS to $2.20 from $2.26, and Q2 2027 EPS to $2.33 from $2.53.
• Negative Sentiment: Longer-term expectations were also trimmed: FY2027 EPS fell to $9.41 from $9.54, while FY2028 EPS declined to $10.32 from $10.50. The broad pattern of reductions may weigh on sentiment because it points to somewhat lower expected earnings momentum.

Unum Group Trading Up 1.1%

NYSE UNM opened at $92.79 on Friday. Unum Group has a 52 week low of $68.28 and a 52 week high of $94.55. The company has a 50 day moving average price of $89.38 and a 200 day moving average price of $81.17. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.35. The firm has a market cap of $14.69 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 0.97 and a beta of 0.26.

Unum Group (NYSE:UNM) last announced its earnings results on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share for the quarter, meeting the consensus estimate of $2.16. The company had revenue of $3.39 billion during the quarter, compared to the consensus estimate of $2.90 billion. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. Unum Group’s revenue was up .3% compared to the same quarter last year. During the same period last year, the firm earned $1.92 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. As a group, sell-side analysts forecast that Unum Group will post 8.65 EPS for the current fiscal year.

Unum Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 24th will be given a dividend of $0.505 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $2.02 annualized dividend and a yield of 2.2%. This is an increase from Unum Group’s previous quarterly dividend of $0.46. Unum Group’s dividend payout ratio is currently 47.09%.

Analyst Upgrades and Downgrades

UNM has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their price target on shares of Unum Group from $101.00 to $98.00 and set a “neutral” rating for the company in a report on Monday, August 3rd. Morgan Stanley lifted their price objective on shares of Unum Group from $80.00 to $87.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. Weiss Ratings upgraded Unum Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 28th. Truist Financial increased their target price on Unum Group from $88.00 to $96.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Wells Fargo & Company boosted their price target on Unum Group from $100.00 to $101.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $99.00.

Unum Group Company Profile

Unum Group (NYSE: UNM) is a leading provider of employee benefits in the United States and selected international markets, specializing in disability, life, accident and critical illness insurance. Through both fully insured and self-funded arrangements, the company offers group coverage designed to protect income and mitigate financial hardship for employees and their families. Its portfolio includes short-term and long-term disability plans, group life and accidental death & dismemberment (AD&D) policies, as well as critical illness and hospital indemnity products.

In addition to its core product lines, Unum Group markets voluntary benefits under its Colonial Life brand, allowing employees to purchase supplemental insurance such as accident, cancer, and dental coverage directly through payroll deductions.